A certain address earned a return of 4,330 times in 3 minutes by trading MBAPPE
BlockBeats news, on August 29, according to Lookonchain monitoring, a "lottery ticket" style Meme coin trading address bought MBAPPE at a price of 0.2 SOL (about $29), and sold it three minutes later at a price of 866.13 SOL (about $125,160), achieving a return of 4,330 times.
In the past month, this address has traded 251 Meme coins, investing between 0.1 SOL and 0.3 SOL in each Meme coin with a success rate of 35.46%, and total profits amounting to $126,700.
BlockBeats note: MBAPPE was released by hackers after football superstar Mbappe's account was stolen; its value skyrocketed but has now basically returned to zero. There are risks associated with Meme coins as their prices fluctuate greatly and they have no actual value; users should participate cautiously.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: 10 addresses received a total of 210,000 ETH within 6 hours, worth approximately $863 millions.